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Boeing Faces Potential Criminal Prosecution Over Alleged Agreement Breach


Well it looks like the Justice Department is mulling over whether to go after Boeing.

Let’s help the Justice Dept make up their mind. Do it!

But whats the reason?

For allegedly breaking terms of a 2021 agreement. Seems like a curious reason but could this be the thread that unravels Boeing?

Back in January 2021, after those two tragic crashes involving 737 Max jets that claimed 346 lives, Boeing struck a deal with the feds.

They agreed to fork over $2.5 billion settlement and follow certain rules to dodge a fraud conspiracy charge down the road.

Sounds totally legal and legit, right?

It was a 3 year deal Boeing made that was set to end in July, but something leaked out and exposed the fact that Boeing didn’t keep their end of the bargain.

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So now they are “subject to prosecution by the United States for any federal criminal violation.”

Will Boeing soon go the way of Disney?

A company that no one wants anything to do with?

CBS News reports:

Washington — The Justice Department said it is determining whether it will prosecute airplane manufacturer Boeing after federal investigators accused the corporation of violating the terms of a 2021 deferred prosecution agreement, according to a letter filed in a Texas court Tuesday.

In January 2021 — following two crashes of 737 Max jets years earlier that killed 346 people — Boeing and the federal government entered into an agreement whereby the company agreed to pay a $2.5 billion settlement and abide by custodial stipulations, in exchange for the Justice Department dropping a fraud conspiracy charge after three years.

That three-year period, overseen by a federal judge in Texas, was set to expire in July and would have resulted in the Justice Department closing the case if it determined Boeing had fully complied with the conditions.

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But on Tuesday, federal prosecutors wrote that Boeing “breached its obligations” under the deferred prosecution agreement, in part by allegedly failing to “design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations.”

“For failing to fulfill completely the terms of and obligations under the DPA, Boeing is subject to prosecution by the United States for any federal criminal violation,” Justice Department officials wrote in the letter. “The Government is determining how it will proceed in this matter.”

The letter argued that investigators are no longer bound by the 2021 agreement and are “not limited” in their probe into the aircraft manufacturing giant.

Boeing has until June 13 to respond to the Justice Department’s allegations and their explanation will be used as prosecutors consider their next move, the filing said.

But wait, there’s more!

The FAA is looking into Boeing’s 787s.

If anyone of you are still willing to fly these days, you might want to bring a roll of duct tape along.



 

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